Larry David predicted FTX's implosion | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Larry David made a prediction about this week’s crypto meltdown that was prettaaay prettaaay good.

In a Super Bowl ad for the FTX crypto exchange in February, Larry David sarcastically predicted that FTX wasn’t going to make it. The ad shows David’s character throughout history, naysaying humanity’s greatest inventions, including the wheel, the lightbulb, coffee and democracy. At the end of the ad, David learns about FTX, “a safe and easy way to get into crypto.” A dismissive David says, “Ehhh, I don’t think so. And I’m never wrong about this stuff — never.

The full extent of FTX’s financial problems aren’t yet known, but multiple reports say the firm is facing an $8 billion shortfall. Without a quick infusion of equity, Bankman-Fried reportedly told investors Thursday, the firm was facing bankruptcy. Despite its reputation as a dependable, low-risk investment portal, FTX’s business appears to have been built on a complex, extremely risky kind of leveraged trading. Customers deposited their money to engage in crypto trading.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

There's something about Twitter (and media companies) that attracts people who just don't get irony.

do you know what acting is, though

I loved that commercial. But you gotta admit that he got this one right.

“Not your keys, not your coins”

I thought that was Bernie Sanders. My bad. Sorry LOL.

Eh? Larry David was in FTX's employ and selling their product in a sarcastic way -- but he was selling their product. Should have been a dead giveaway that the Ponzi people needed a bigger cash inflow, causing them to fleece the Super Bowl audience. Bad sportsmanship

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

FTX bankruptcy filing: Why the $32B crypto company collapsed, what it means for the futureCryptocurrency sector suffers another loss: FTX, one of the biggest players - once valued at $32 billion – declares bankruptcy. Federal regulators are investigating the sudden collapse It is like Elon watched the FTX goat rodeo for a while then said 'Hold my beer'... Crypto Arena you next bro! Take sorry ass Westbrick with ya! No more FTX Arena in Miami? Name change is coming! BangBrosDotCom1 coming in hard with this one 😂
Fonte: ABC7 - 🏆 67. / 68 Consulte Mais informação »

FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
Fonte: axios - 🏆 302. / 63 Consulte Mais informação »